Real estate stocks extend losses as rates soar

Shares in real estate companies fell on Friday, adding to a massive sell-off the previous day, when bond yields jumped to their highest levels in 16 years after the Federal Reserve signaled that U.S. interest rates would stay high for longer. The S&P 500 real estate index (.SPLRCR) lost 0.7% on…#federalreserve #ustreasury #reit #jackablin #cressetcapital #ginaszymanksi #aewcapitalmanagement #treasury #americantower
Source: Reuters: Health - Category: Consumer Health News Source Type: news
More News: Health